Cyber Round Up: Rollback of Net-Neutrality Rules; Budgets Hindering Cyber Buildup; Data Breaches Costing Shareholders Billions

  • Fight Looms Over Planned Rollback of Net-Neutrality Rules (WSJ):  More changes are coming to internet regulation, but not without a fight, an article earlier this week said.  FCC Chairman Ajit Pai announced that he plans to rollback Obama’s net-neutrality regulations, which were intended to increase competition by requiring internet service providers such as cable and wireless firms to treat all internet traffic the same. Democrats and internet providers favor the regulations, while Republicans say they went too far.  The rollback would shift oversight from the FCC to the FTC. The full analysis of the regulation change can be found here.
  • Budget woes hinder US cybersecurity buildup (The Hill):  Another stopgap budget won’t be very good for U.S. cybersecurity, an article reports.  Continuing Resolutions do not provide the flexibility needed to prioritize certain issues, and according to Rep. Jim Langevin (D-R.I.), a member of the House Armed Services and Homeland Security committees, “Cyber is certainly potentially one of them.”  The reason this dilemma exists is because Continuing Resolutions rely on previous years budgets and do not allocate funds for changing needs, including bringing on new personnel. Eric Trexler, director of national security and civilian programs at the cybersecurity firm McAfee, explained that cyber is a constantly evolving field and with these short term budget fixes, the government will end up with outdated technology.  The full article can be read here.
  • Cyber breaches have cost shareholders billions since 2013: report (Reuters):  Data breaches have a long term impact not just on companies, but on shareholders, an article earlier today reported.  Oxford Economics and IT company CGI put together a report on the financial impact of data breaches to shareholders. At the time of this post, the full report was not readily available to the public. According to the article, which summarized the results, data breaches caused firms’ stock prices to drop 1.8% on a permanent basis.  Investors in an average firm that was evaluated would lose £120 million, or nearly $150 million.  The full summary of the study can be read here.

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Professor William Snyder

Professor William C. Snyderis a member of the faculty of the Institute for National Security and Counter-terrorism at Syracuse University after fifteen years with the United States Department of Justice.

Christopher w. FolkChristopher W. Folk

is a second year student at SU College of Law. Christopher is a non-traditional student, returning to academia after spending nearly twenty years in the high tech industry. Christopher served in the Marine Corps, graduated from Cornell University with a B.S. In Applied Economics and Business Management, attended Northeastern University’s High-Tech MBA Program and received a M.S. In Computer Information Systems. Christopher previously worked in Software Engineering and in addition to being a full-time student, Christopher is currently serving his second term as Town Justice for the Town of Waterloo. Christopher externed with a Cybersecurity firm in the Washington, D.C. area between his first and second year at SU College of Law. Full biography

Ryan D. White

Ryan D. WhiteRyan is currently a second year law student at Syracuse University College of Law, and is also pursuing a Master of Public Administration degree from Syracuse’s Maxwell School of Citizenship and Public Affairs. Ryan spent time with Homeland Security Investigations while pursuing his undergraduate degree at Wesleyan University, and spent his first summer of law school as clerk for the U.S. Attorney’s Office in the Western District of New York. He is a member of Syracuse Law Review, the Journal on Terrorism and Security Analysis, and participates in the Veteran’s Legal Clinic.Full biography

Anna Maria Castillo

is a third year law student at Syracuse College of Law. She is also pursuing a Master of Arts in International Relations at Syracuse University's Maxwell School of Citizenship and Public Affairs. She has interned at a London-based think-tank that specializes in transnational terrorism and global security and at the legal department of a defense contractor. She currently serves as an executive editor in the Syracuse Law Review. Full biography

Jennifer A. CamilloJennifer A. Camillo

is a third year student at Syracuse College of Law. She has served as a law clerk in the United States Attorney’s Office for the Northern District of New York and the Cayuga County District Attorney’s Office and as an extern in the Oneida County District Attorney’s Office. She is a member of the Syracuse National Trial Team and was recently awarded the Tiffany Cup by the New York Bar Association for her trial advocacy achievements.

Tara J. PistoreseTara J. Pistorese

holds Juris Doctor and Masters of Public Administration degrees from Syracuse University's Maxwell School of Citizenship and Public Affairs and its College of Law. She has served as a law clerk in the United States Attorney's Office for the Western District of New York and the Public Defender Service for the District of Columbia and as an extern in the United States District Court for the Western District of Washington. Full biography

Benjamin Zaiser

is both a scholar and a Federal Agent of the Federal Criminal Police Office of Germany. (Opinions expressed here are his own and not any part of official duty.) Full biography

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